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How many other property managers here put the property water and power bills in there management companies name between tenants?We are getting ready to list 6 properties from rent for an investor and this has come up...
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We’re a family owned home remodeling business we’re I am the contractor, my wife is the designer and our 2, 3 & 4 year old kids I’d say are the bosses to keep things polite. We were successful flipping our first h...
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Hello Biggerpockets,I would like to hear your perspectives on this.I do not pay property tax in Chicago and I found that I can purchase a triplex/quadplex in Chicago or the suburbs for up to 800k. After this write-off...
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Help!!!! I have a 2 unit with 4 beds and 2 baths in both. The lower tenant complains that the tenant above them is too loud and vice versa. I went and stayed in the lower unit for a few hours and you could hear a pin ...
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Wife and I turned our first home into a rental. It's still in our name. Going great for 4+ years now. No issues. But now we are considering increasing our real estate portfolio.Think that we'll go down the LLC rou...
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I'm wondering if it makes sense to do a cost segregation study if I'm a W2 employee and don't have REPS. I would be looking to do this for a townhome that became a rental in 2021 but I don't foresee myself moving into...
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I just read a Florida foreclosure appeal decision I thought was pretty interesting. It seems MST brought a foreclosure action on its first lien mortgage and obtained a $183k final judgment. It must have been a fairl...
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Hi all - buckle up because this is complicated. Would LOVE any advice you have on how i can solve this problem, or if you find any gaps in my assumptions.First, I'll start out with the end-goal: My parents are aging a...
All, I am a new investor in the Washington, DC market. As many of you know, residential supply of single family housing is extremely limited in the metro area, and pricing makes it difficult to underwrite positive cas...
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Hello all,
I'm dealing with a water leak situation in my condo unit, and I could really use your expertise and advice. The leak has caused damage to the ceiling of my neighbor's unit below, and I need to figure out t...